Dividend Stocks ( General Discussions )

[winston]

US$263b dividends killed by Covid

Dividend payouts by the world's biggest firms in 2020 will fall by 17.5-20 percent, equivalent to some US$263 billion (HK$2.05 trillion), as a result of the coronavirus crisis but could rebound strongly next year.

Although the prediction by investment firm Janus Henderson represents a smaller dividend drop than some had feared at the outset of the Covid-19 pandemic, it will be the biggest since at least 2009 in the wake of the global financial crisis.

Dividends are a major source of income for public and private pension funds, but firms trying to cope with Covid cut them by US$55 billion, or 11.4 percent, in the third quarter after a US$108 billion, 22 percent, plunge between April and June when uncertainty over the course of the pandemic peaked.

However, some firms that axed payments have restarted them, even if at lower levels, while vaccine breakthroughs are also providing hope of a bounce-back in 2021.

Next year's rebound could be as high as 12 percent depending on the path of the pandemic and whether Europe's banks are allowed to restart dividends again, the report estimated, although in a "worst-case scenario" they might flatline.

Source: The Standard

https://www.thestandard.com.hk/section- ... d-by-Covid

[winston]

I Just Bought More of This Top-Rated Dividend ETF for My Dividend Growth Portfolio

by David Van Knapp

Schwab U.S. Dividend Equity ETF (SCHD)

Source; Dividends & Income

https://dailytradealert.com/2023/12/08/ ... portfolio/

[winston]

The “Value Income” Trade May Be the Most Popular Trade on Wall Street in 2024

by Chris Johnson

iShares Select Dividend ETF (DVY)

Source: Money Morning

https://dailytradealert.com/2023/12/29/ ... t-in-2024/